In the real world,price discrimination is more difficult because:
A) it is difficult to identify and verify different groups.
B) to perfectly discriminate, the firm must read people's minds to know their willingness to pay.
C) it can be challenging to prevent the resale of goods from one group to another.
D) All of these statements are true.

Question

Quizplus · Accepted Answer

All of these statements are true. Price discrimination in the real world can be challenging because it may be difficult to identify and verify different groups, firms cannot perfectly discriminate without reading people's minds to know their willingness to pay, and it can be challenging to prevent the resale of goods from one group to another.

In the Real World,price Discrimination Is More Difficult Because